Premier Farnell sells Kent auto business
July 20, 2006 //
Premier Farnell plc is to sell its Kent specialist automotive consumables business to Barnes Group Inc. for around £22 million (on a cash and debt free basis).
LONDON Premier Farnell plc is to sell its Kent specialist automotive consumables business to Barnes Group Inc. for around £22 million (on a cash and debt free basis).
For the year ending January 2006 Kent had a turnover of approximately £40million and its operating profit accounted for less than 3% of the Premier Farnell group underlying operating profit for the year.
Kent supplies adhesives, sealants, specialist cleaning chemicals, abrasives, tools and other consumables to the European automotive and industrial maintenance markets.
Barnes Group (Bristol, Conn) has established distribution businesses in the U. K and France, and the purchase of Kent will provide it with entry into the rest of Europe. Kent has direct sales operations in France, Germany, the U. K., Belgium, the Netherlands, Spain, Italy, Denmark and Sweden, and has distributorships in 20 additional countries.
Barnes is a diversified international manufacturer of precision metal components and assemblies and a distributor of industrial supplies, serving a range of markets. The sale is scheduled for completion by the end of the third quarter.
Apple joins Pentagon alliance to develop wearable tech
August 28, 2015
The Pentagon (Washington, DC) has announced a Silicon Valley-based manufacturing institute and partnership with a consortium ...
Single material layer process lowers LED manufacturing costs
Aquion Energy forges technology partnership with Eguana Technologies
The route to cleaner e-cars - coupling perovskite solar cells
Real-time data hub for smart electromobility
Apple iCar: Do iCare?
August 27, 2015
Whether its creators call it ‘iRod,' 'iMove" or ‘iCar,’ Apple has launched a pedal-to-the-metal drive into the automotive ...
Qorvo takes strategic stake in MEMS vendor Cavendish
Here strives to establish uniform auto sensor data format
Panasonic to close Beijing battery factory, sheds 1,300 jobs
- Software-Defined Radio Handbook
- Why Making the Move from a Variable Transformer to a VariPLUS is the Right Decision
- Automating Leakage and Functional Testing
- Automotive Circuit Protection using Littelfuse Automotive TVS Diodes
InterviewCEO interview: Ambiq sees broader options for low voltage
Mike Noonen, recently appointed interim CEO at microcontroller startup Ambiq Micro, discusses the focus and opportunities for this pioneering company designing circuits that can operate below the threshold ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Novelda is giving away two full XeThru Inspiration kits worth 1499 US Dollars each, for EETimes Europe's readers to experiment first hand with its XeThru technology.Based on the use of radio waves, rather than infrared, ultrasound or light, the company's X2M1000 Inspiration modules can detect presence just from the chest movement while breathing, and measure both the rate and... MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.